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Royalties Inc., formerly Xtierra Inc., is a Canada-based company focused on royalty opportunities in various industries. The Company primarily focuses on acquiring royalties in book, trademark, mineral, music, film and battery industries. The Company has a stake in Music Royalties Inc. (MRI), a Canada-based private company that acquires passive music royalties from rightsholders, including artists, producers and songwriters, and holds a portfolio of approximately 25 cash-flowing music royalties. It owns a 100% interest and has a 1.5% net smelter royalty on the Bilbao project silver-lead-zinc-copper project, which is located in the southeastern part of the State of Zacatecas. It also owns 88% interest in Minera Portree de Zacatecas, S.A. de C.V (Minera Portree), which holds an asserted claim to a 2% net smelter royalty on six mining concessions located adjacent to the Cozamin Mine operated by Capstone Mining Corp.
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